Oreck Clean Home Center
As an Oreck Franchise Owner, you can join a select group of talented individuals from all walks of life, representing a world-renowned brand with a full range of upscale home care products. Oreck franchise owners enjoy: strong brand recognition with a loyal customer base, and extensive Home Office support to assist you in operating your Oreck Clean Home Center.
Background
Year Established: 1963
Year First Franchised: 2006
Franchised Units: 347
Company Owned Units: 91
Projected New Units (12 months): 10 Franchise; 10 Company Owned
States/Countries Registered In: All US; No International
Availability in Canada: Masters / Area Developer: No
Financial/Terms:Single Unit Only:
Cash Investment: Standard: $125,000; Small Market $100,000
Total Investment: Standard: $163,800 to $221,000; Small Market $116,800 to $165,000
Minimum Net Worth: Standard: $400,000; Small Market $250,000
Franchise Fee: Standard: $30,000; Small Market $30,000
Discounts: VetFran
VetFran Program Participant: Yes - $10,000 credit toward the required purchase of opening inventory
Royalty: $500/month flat fee
Ad: Up to 1.5% of Gross Revenue for the previous month; not in effect at this time
Average # of Employees: 2-3
Passive Ownership Allowed: Possibly, as long as certain qualifications are met
Earnings Claims: No
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